Breaking Ground-Oak Row Equities Unveils 2600 Biscayne in Miami’s Edgewater
Oak Row Equities, a powerhouse in private equity and real estate development, is setting new standards in Miami’s real estate market. With over $1.6 billion of development already under its belt, the company has recently commenced construction on 2600 Biscayne Boulevard, a groundbreaking project destined to transform Miami’s Edgewater neighborhood into a hub of luxury and modernity.
Situated in the heart of Edgewater, the 2600 Biscayne project epitomizes class and innovation. This 41-story Class AAA tower combines multifamily residential units and premium office spaces, representing a major leap in architectural excellence. Designed by the globally-renowned firm Arquitectonica, and with interiors by Vida, a Portland-based interior design firm, the building promises to be an icon of urban luxury.
The project’s construction is led by Coastal Construction Group, one of the top contractors in the Southeast. With a portfolio that ensures reliability and quality, Coastal is set to bring 2600 Biscayne’s vision to life alongside Oak Row Equities.
Derrick Adams, a celebrated artist, will enhance the visual appeal of the building with a striking public art piece. His work will adorn the tower’s facade, adding cultural depth and aesthetic value to the structure.
2600 Biscayne will feature 187,000 square feet of prime office and retail space, alongside 399 residential units ranging from studios to three-bedroom apartments. Residents will enjoy modern finishes, private outdoor spaces, and breathtaking views of Miami. The residential section starts 135 feet above ground, ensuring an exclusive and serene living experience.
Amenities will cater to every need: a pet spa, a private lounge, a state-of-the-art fitness center, and a 12th-floor amenity deck with a lap pool, cabanas, and BBQ grills. The 41st-floor will boast a coworking lounge and rooftop deck, offering one of the best views in Miami.
The commencement of construction follows the pre-leasing of 50% of the commercial space and the closure of a substantial $181M construction loan from Bank OZK. This marks one of the largest multifamily construction loans in the region for the year. The office spaces, nearly half pre-leased, will occupy the first ten floors in a distinctive pyramid-like design, featuring touchless entries, divisible floor plates, and wellness-focused amenities.
Edgewater is poised to benefit significantly from this project. The neighborhood, already known for its vibrant lifestyle and amenities like Margaret Pace Park, will see a substantial increase in its appeal with the addition of 2600 Biscayne. The development is also strategically located near a planned Northeast Corridor rail stop, enhancing connectivity.
“As we break ground on 2600 Biscayne, we are setting the foundation for what will be the highest quality asset in Miami-Dade County,” said Erik Rutter, Managing Partner at Oak Row Equities. This sentiment is echoed by David Weitz, another Managing Partner at the firm, who highlighted the project’s potential to redefine multifamily and office standards in South Florida.
A Sneak Peek into Pagani Residences Amenities
Pagani, renowned for crafting some of the world’s most coveted hypercars, has ventured into a new domain, one that transcends the boundaries of automotive excellence into the realm of residential opulence. Pagani Residences Miami, the brainchild of Miami-based developer Riviera Horizons and the Italian hypercar brand Pagani, promises an unparalleled living experience that epitomizes the essence of luxury living.
Nestled in the picturesque enclave of Miami’s North Bay Village, Pagani Residences is set to redefine luxury living with its boutique collection of waterfront residences. Boasting 70 handcrafted homes, each meticulously designed to reflect the ethos of Pagani Automobili, this development is a testament to exclusivity and refinement.
Just as every Pagani hypercar is a masterpiece of engineering and design, Pagani Residences epitomizes the same level of meticulous craftsmanship and attention to detail. From the moment you step into the lobby adorned with handpicked Italian marble, you are enveloped in an ambiance of sophistication and luxury.
The allure of Pagani Residences extends far beyond its breathtaking architecture and unparalleled views. Residents are greeted with a plethora of amenities designed to cater to their every need and indulgence. From valet parking and private garages to a state-of-the-art fitness center and spa with panoramic views of Biscayne Bay, every aspect of life at Pagani Residences is imbued with luxury and elegance.
Imagine starting your day with a rejuvenating yoga session overlooking the azure waters of the Atlantic Ocean, followed by a leisurely afternoon spent lounging by the rooftop pool surrounded by panoramic views of the Miami skyline. As the sun sets, indulge in a gourmet meal prepared in your fully appointed summer kitchen, while the gentle sea breeze serenades you.
Pagani Residences is not just a residential development; it is a collaboration between visionaries. Designed by Miami’s renowned architecture firm Revuelta Architecture International and curated by Pagani Arte, the newly established Made in Italy interior design division, every aspect of this development is a testament to the pursuit of excellence.
With completion slated for 2027, Pagani Residences represents more than just a place to call home; it is a legacy of luxury that will stand as a testament to the uncompromising pursuit of perfection. With prices starting at $2.4 million, Pagani Residences offers an unparalleled opportunity to experience the pinnacle of luxury living in one of Miami’s most coveted locations.
Unveiling The Julia Residences in Miami
Miami’s skyline is a testament to its ever-evolving narrative, each tower a chapter in the city’s vibrant history. And now, a new landmark joins the ranks, marking not just another building but a new beginning for Allapattah. The Julia Residences, standing tall at 14 stories, has officially opened its doors, welcoming its first residents into a world of luxury and convenience.
Developed by Lissette Calderon’s visionary Neology Life Development Group, The Julia Residences represents a $100 million investment in the heart of Miami. With 323 meticulously crafted units and 13,000 square feet of street-level retail space, this towering marvel promises to redefine urban living in the Allapattah district.
Inspired by the legacy of Julia Tuttle, the city’s founding mother and businesswoman, every aspect of The Julia Residences pays homage to her vision and tenacity.
Day one saw 25 eager residents call The Julia home, marking the beginning of a vibrant community that promises too flourish with each passing day.
Behind every great building lies a team of dedicated professionals, and The Julia Residences is no exception. Spearheaded by JAXI Builders, Inc. as the general contractor, with Behar Font Architects lending their expertise in design, and designBAR crafting interiors that blend elegance with functionality. Meanwhile, Witkin Hultz Design has masterfully curated the outdoor spaces, creating lush green retreats amidst the urban landscape.
Strategically located within walking distance of a Metrorail Station and just blocks away from Jackson Memorial Hospital, The Julia Residences offers unparalleled connectivity and convenience. It’s not just a place to live; it’s a gateway to everything Miami has to offer.
But Neology Life Development Group’s vision extends far beyond The Julia. With the impending completion of Fourteen Allapattah Residences slated for Q3 of 2024, the developer is set to further redefine the district’s skyline. With a portfolio boasting over 1,000 apartments recently built or under construction in Miami’s urban core, and plans for an additional 1,600 units in the pipeline.
Una Residences Tops Off Construction
Brickell, Miami’s dynamic urban core, is witnessing a transformative moment with the rise of Una Residences, a beacon of luxury and sophistication. The latest update heralds a significant milestone in the project’s journey as construction has recently reached its peak, crowning Una Residences at an impressive 47 stories tall. This architectural marvel, designed by the esteemed Adrian Smith + Gordon Gill (AS+GG) in collaboration with Revuelta Architecture International, stands tall as Brickell’s first waterfront residential development in over a decade.
Perched at 579 feet, Una Residences offers a breathtaking panorama, showcasing unobstructed vistas of the Atlantic Ocean, Key Biscayne, and the glittering skyline of Downtown Miami. With its prime location at 175 Northeast 25th Road, nestled within the serene South Brickell enclave, Una Residences epitomizes exclusivity and luxury.
Developed by the visionary partnership of OKO Group and Cain International, Una Residences has captured the imagination of discerning buyers, reflected in robust pre-sales that have nearly sold out the tower. The allure of this ultra-luxury project is undeniable, as evidenced by the record-breaking sales of the upper tri-level penthouses, each fetching an impressive $17.75 million in 2022.
“This marks a pivotal moment for our team,” remarked Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International, in a joint statement. “Una Residences introduces a one-of-a-kind building to the Brickell City skyline, offering a luxury living experience unparalleled in the South Florida market.”
Una Residences presents a curated selection of 135 spacious condominiums, ranging from two to five bedrooms, with sizes varying from 1,100 to 4,786 square feet. At the pinnacle of luxury are the two upper tri-level penthouses, each spanning approximately 7,089 square feet and boasting an additional 2,871 square feet of outdoor terrace and rooftop space. These exclusive retreats feature private pools, a summer kitchen, sauna, and steam room, epitomizing the epitome of opulence.
The allure of Una Residences extends beyond its luxurious interiors, with an array of world-class amenities to elevate residents’ lifestyles. From a private marina and three swimming pools to a children’s splash pad area, movie theater, and resort-inspired spa, every aspect of living at Una Residences is meticulously crafted for unparalleled comfort and indulgence. Residents will also enjoy exclusive membership to the prestigious Grand Bay Club on the beachfront of Key Biscayne, further enhancing the allure of waterfront living.
Una Residences is not merely a standalone project but a testament to the commitment of OKO Group and Cain International to redefine luxury living across South Florida. As part of an extensive portfolio, including the recently completed Missoni Baia and the upcoming 830 Brickell and One River, Una Residences stands as a testament to the partners’ unwavering dedication to excellence.
Behind the scenes, a team of renowned engineers and architects, including DeSimone Consulting Engineers, VSN Engineering Inc., HNGS Consulting Engineers, and Enea Garden Design, ensures that Una Residences stands as a pinnacle of structural integrity and aesthetic brilliance.
With construction anticipated to be completed in early 2025, Una Residences is poised to become the crown jewel of Brickell’s skyline, setting a new standard for luxury living in South Florida. As the final touches are added to this architectural masterpiece, anticipation mounts for the unveiling of a new era in waterfront living.
Unveiling Metro 2 in Edgewater Miami
In the heart of Miami’s vibrant Edgewater district, plans have been unveiled for a remarkable addition to the city’s skyline: Metro 2 at Edgewater. Set to rise 320 feet to the upper roof slab, or an impressive 335 feet including its highest decorative screen, this 28-story mixed-use marvel is poised to redefine urban living and commerce in the area.
Designed by the esteemed Burgos Lanza & Associates and developed by Metro Tower II LLC, Metro 2 promises to be a beacon of modernity and functionality. Boasting 349,193 square feet of space, the building will seamlessly integrate multi-family dwelling units, lodging accommodations, office spaces, and ground-floor commercial establishments, all within its sleek confines.
Metro 2’s architectural blueprint is a testament to thoughtful design and versatility. The lower levels will be dedicated to office spaces, offering a total of 36,134 square feet across the second to sixth floors. Above them, from levels eight to fourteen, 60 luxurious units will provide a sophisticated accommodation option for visitors to the area.
However, it’s the residential offerings that truly elevate Metro 2. With 103 multi-family dwelling units spanning from the seventh to the twenty-eighth floors, residents will enjoy a range of layouts, from cozy one-bedroom apartments to spacious three-bedroom retreats, totaling between 748 to 1,374 square feet.
Ground-floor commercial space is a cornerstone of Metro 2’s design philosophy. Spread over 9,745 square feet and accessible from all three street frontages, this area will cater to the diverse needs of the neighborhood. From quaint cafes to essential retail outlets, the commercial space will foster a sense of community while serving everyday needs.
Parking concerns are effectively addressed with an enclosed garage offering space for 220 vehicles on-site, supplemented by additional off-site spaces adjacent to the property.
Metro 2’s architectural vision seamlessly blends modernity with a nod to Miami’s iconic skyline. The facade, characterized by a fusion of glass and neutral tones, exudes elegance and order. Structured balconies and vertical lines accentuate the building’s height, creating a striking silhouette that complements its surroundings.
In a deliberate effort to maintain architectural consistency within the development area, Metro 2 mirrors its predecessor, Metro 1, with similar design elements. This deliberate continuity contributes to a cohesive visual identity in the evolving Edgewater skyline.
Externally, Metro 2 is a study in refined aesthetics. Peppercorn and homburg gray tones adorn the exterior walls, while pure white accents highlight slab edges. Dark aluminum balcony railings and window frames add a touch of sophistication, culminating in a sculptural decorative metal feature that graces the building’s entrances.
As plans for Metro 2 at Edgewater take shape, anticipation builds for its impact on the Miami landscape. With a commitment to modern living, commercial vitality, and architectural harmony, Metro 2 is poised to become a cherished landmark in this dynamic neighborhood.
As the Urban Development Review Board convenes on April 17th to discuss this exciting project, the future of Edgewater takes another step forward, guided by innovation, elegance, and a vision for a thriving urban community.
Calle 8 in Brickell Submits Building Height Plans to FAA
Exciting developments are underway in Brickell, Miami, as plans for a towering addition to the skyline have taken a significant step forward. On April 12, filings detailing the proposed building heights for a new project were submitted to the Federal Aviation Administration (FAA), marking a pivotal moment in the city’s urban evolution.
According to the submissions, the proposed tower is set to soar to impressive heights, with plans indicating a staggering elevation of 737 feet above ground or 750 feet above sea level. This ambitious vision promises to reshape the skyline and further solidify Brickell’s reputation as a dynamic hub of architectural innovation.
The proposed tower is situated on the same site where the captivating 65-story structure, tentatively named Calle 8, is currently navigating through the approval process with Miami-Dade County planners. The synergy between these projects underscores the area’s momentum and the developers’ commitment to redefining urban living.
Behind this visionary endeavor is Millennium Developments of Brickell LLC, a developer renowned for its commitment to excellence and forward-thinking design. In addition to the FAA filings, the developer recently filed for a tree permit at the project site on March 19, signaling a holistic approach to sustainable development.
The plans outline a multifaceted space that seamlessly integrates commercial, cultural, and residential elements. Ground floor retail spaces will invigorate street-level activity, while a proposed performing arts venue or retail complex promises to enrich the cultural fabric of the community.
Spanning across 65 stories, the tower will house 464 residential units, offering unparalleled views of the cityscape and the bay. Beyond living spaces, the development will feature amenity spaces tailored to enhance the quality of life for residents, fostering a sense of community and well-being amidst the urban hustle.
As Brickell continues to evolve into a vibrant urban epicenter, developments like this underscore the neighborhood’s status as a global destination for living, working, and leisure. The proposed tower represents not only a physical manifestation of progress but also a testament to the collaborative spirit driving Miami’s growth.
With its bold design, strategic location, and thoughtful amenities, the proposed tower in Brickell promises to redefine the city skyline and elevate the standard of urban living. As the project progresses through regulatory channels, anticipation mounts for the unveiling of this iconic addition to Miami’s architectural landscape.
Miami’s skyline is about to welcome a new icon: JEM Private Residences. The Naftali Group, renowned for its commitment to quality and innovation, has officially broken ground on this ambitious project, setting a record pace for South Florida’s real estate development scene.
Located at 1016 Northeast 2nd Avenue in the vibrant Miami Worldcenter, JEM Private Residences is more than just a condominium complex—it’s a testament to modern luxury living. Rising over 700 feet with 67 stories, this architectural marvel is set to reshape the city’s skyline. Designed by the acclaimed Miami-based firm Arquitectonica and the esteemed New York City-based Rockwell Group, every aspect of JEM Private Residences exudes elegance and sophistication.
With 259 condo units on the upper levels, 530 multi-family units on the lower levels, ground-floor commercial space, and ample parking, it offers a diverse range of living options. And with a swift transition from market entry to construction commencement in under five months, Naftali Group has demonstrated its unwavering dedication to bringing this vision to life.
The groundbreaking event on Wednesday, April 6, was a celebration of innovation and collaboration. Hosted by Naftali Group, the event was attended by key figures in the industry, including Peggy Olin, CEO of OneWorld Properties; Commissioner Christine King; and the visionary minds behind the project, including Miki Naftali, Chairman and CEO of Naftali Group, Bernardo Fort-Brescia of Arquitectonica, and David Rockwell of Rockwell Group. The ceremonial shovel dig marked the official start of construction, signaling the beginning of a new era for Miami’s real estate landscape.
“We are proud to reach this milestone in record time for Miami,” said Miki Naftali. “JEM Private Residences will redefine luxury living and become an integral part of Miami’s evolving landscape, offering residents an unparalleled lifestyle experience in an incredible location.”
But JEM Private Residences is more than just a building—it’s a work of art inspired by the ocean. The design, characterized by wraparound terraces and wood accents, seamlessly blends indoor and outdoor living, creating a welcoming environment that reflects the beauty of its surroundings. With landscape architecture by EDSA, the development promises to elevate the city’s ambiance, offering residents a retreat from the hustle and bustle of urban life.
Inside, meticulous attention to detail defines every space. From bespoke millwork cabinetry to Calacatta stone countertops, the interiors exude luxury at every turn. The lobby, adorned with custom-sculpted plaster walls and bronze accents, sets the tone for what lies beyond—a 50th-floor amenity suite that rivals the world’s finest resorts. With a Sky Lounge, outdoor pool, fitness center, spa suite, and more, residents will enjoy a lifestyle of unparalleled luxury and convenience.
As construction progresses, anticipation for JEM Private Residences continues to grow. With completion expected in 2027, this landmark development is poised to redefine Miami’s skyline and set a new standard for luxury living in the Magic City. From groundbreaking to completion, Naftali Group’s commitment to excellence ensures that JEM Private Residences will be nothing short of extraordinary.
Related Group and GTIS Partners Launch Sales for New Residential Tower -Viceroy Brickell
Miami’s skyline is set to soar even higher with the recent announcement of Viceroy Brickell’s official launch in the heart of this vibrant city. The 45-story glass tower, a testament to modern luxury and architectural prowess, is already underway, with completion anticipated in early 2026. Today, developers proudly unveiled their vision for this monumental project, set to redefine luxury living in Miami.
Situated within the dynamic One Brickell complex, Viceroy Brickell – The Residences promises an unparalleled living experience. As part of a trio of towers in development, alongside the prestigious Baccarat Residences, Viceroy Brickell stands as an emblem of sophistication and innovation.
What sets Viceroy Brickell apart? For starters, its impressive 420 condos, each meticulously designed to epitomize contemporary elegance. But it’s not just about the living spaces; it’s about a lifestyle. Residents can expect a plethora of amenities that cater to every indulgence, from a state-of-the-art Formula 1 simulator to a private humidor lounge – the epitome of exclusivity and refinement.
The allure doesn’t stop there. Viceroy Brickell will boast two full levels of penthouses, offering breathtaking views of the city skyline, and 56 city flats along S.E. 5th Street, blending urban convenience with luxurious living.
The One Brickell complex will feature a meticulously landscaped promenade along the tranquil Miami River, offering residents a serene escape amidst the bustling cityscape. Additionally, a private, resident-only marina will provide the perfect retreat for those seeking adventure on the water.
Behind this architectural masterpiece stand acclaimed names in the industry. Arquitectonica lends its visionary expertise to the tower’s design, while the interiors bear the signature touch of Meyer Davis, renowned for their timeless elegance and meticulous attention to detail.
At the helm of this transformative project are the esteemed developers, Related Group and GTIS Partners, whose commitment to excellence and innovation is evident in every aspect of Viceroy Brickell’s conception.
As anticipation builds and sales officially commence, Viceroy Brickell emerges as not just a residential tower, but a symbol of Miami’s evolution – a beacon of luxury, sophistication, and limitless possibilities.
Introducing Domus FLATS: A New Condo-Hotel Experience in Miami’s Brickell Financial District
Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, recently made headlines with its $54.56 million construction loan to the developer of a groundbreaking condominium-hotel project in Miami’s Brickell Financial District. This development, known as Domus Brickell Park, promises to redefine the hospitality landscape in the area.
Domus Brickell Park is not just another real estate project; it’s a vision brought to life by the collaborative efforts of renowned architects Zyscovich Architects and interior designers Urban Robot Associates. The 12-story, 172-unit structure will house the innovative Domus FLATS brand, offering Flexible Apartments for Temporary Stays—a concept tailored to meet the demands of modern living.
The brainchild of North Development—a joint venture between Oak Capital, led by Ricardo Dunin, and Edifica, a prominent developer from Peru—Domus Brickell Park represents a fusion of international expertise and local insight. Its prime location at 1611 Southwest Second Avenue further adds to its allure, nestled within the vibrant heart of Miami’s bustling financial district.
Forman Capital’s involvement in the project marks a significant milestone, representing the first transaction between the sponsors and the lending institution. Partnering with Forman Capital, North Development secured the necessary financial support to realize their vision.
According to Ben Jacobson, Partner at Forman Capital, the collaboration holds promise for a long-term relationship. He expressed excitement about Domus FLATS at Brickell Park, emphasizing Forman Capital’s unique ability to swiftly execute construction financing transactions for such innovative developments.
What sets Domus FLATS apart is its unparalleled flexibility. Units within the development can serve as primary residences or be utilized for short-term rentals, offering buyers the freedom to tailor their investment according to their needs. Additionally, all units come fully furnished, providing a seamless transition for residents and guests alike.
Buyers opting to rent their units can leverage Domus’s comprehensive property management services and reservation system, which offers access to over 85 sales channels. With unit prices ranging from the $500,000s to $1.2 million, Domus FLATS promises luxury living with a touch of versatility.
Ricardo Dunin, Founding Partner of North Development, lauded the seamless collaboration with Forman Capital, citing their unwavering support and dedication throughout the financing process. He sees the successful financing as a testament to the market’s confidence in the Domus Brickell Park project and the Domus FLATS brand.
Scott Mehlman, Chief Investment Officer at Forman Capital, echoed Dunin’s sentiments, emphasizing the significance of the partnership and the potential for growth. He highlighted the transaction’s complexity and international scope, underscoring Forman Capital’s capability to navigate such challenges effectively.
As construction progresses and anticipation builds, Domus FLATS is poised to make its mark on Miami’s hospitality scene. With its blend of innovative design, strategic location, and unmatched flexibility, it stands as a beacon of modern living in the heart of Brickell.
Melo Group’s Aria Reserve Reaches New Heights with South Tower Topping Off
Miami’s skyline is set for a stunning addition as Melo Group achieves a significant milestone in its Aria Reserve development. The much-anticipated South Tower has reached its pinnacle at an impressive 62 stories, marking a pivotal moment in the project’s journey.
The South Tower’s topping off signifies not only a remarkable architectural achievement but also a testament to the efficiency and dedication of the Melo Group. However, this is only half of the narrative; the North Tower, currently under construction, is poised to match its counterpart’s height upon completion.
What’s truly remarkable is the pace at which Aria Reserve is progressing. Despite the ambitious scale of the project, both towers are on track to be fully completed within an unprecedented three-year timeframe from groundbreaking. Such efficiency speaks volumes about Melo Group’s commitment to delivering exceptional quality without compromising on speed.
Excitement mounts as the project gears up for its first deliveries within the next year. For those eagerly awaiting the opportunity to call Aria Reserve home, the wait is almost over.
The buzz surrounding Aria Reserve is not without merit. With over 95% of the South Tower already sold and the North Tower not far behind at 85%, it’s evident that this development has struck a chord with discerning buyers. The decision to lower the deposit requirement to 20% further reflects Melo Group’s responsiveness to market dynamics and its commitment to making luxury living accessible.
As Aria Reserve continues to captivate the real estate landscape, speculation abounds about future projects under the Aria brand. Martin Melo, Co-Principal of Melo Group, hints at the possibility, affirming Aria’s success as a luxury brand and signaling long-term plans for its expansion. With such promising beginnings, the future looks bright for Aria’s legacy.
As the South Tower proudly stands tall, overlooking Miami’s vibrant skyline, it’s a testament not only to Melo Group’s prowess as developers but also to the enduring appeal of Aria Reserve. With milestones surpassed and records broken, the journey towards redefining luxury living in Miami continues, promising an exciting future for residents and investors alike.
